The Relations Between Unemployment and Entrepreneurship in Turkey: Schumpeter or Refugee Effect?
The Relations Between Unemployment and Entrepreneurship in Turkey: Schumpeter or Refugee Effect?
Author(s): Şükrü ApaydinSubject(s): National Economy, Business Economy / Management, Economic history, Transformation Period (1990 - 2010), Present Times (2010 - today), Socio-Economic Research
Published by: Ahmet Arif Eren
Keywords: Entrepreneurship; Unemployment; ARDL Method; Turkey;
Summary/Abstract: The main purpose of this study is to determine the relations between unemployment and entrepreneurship in Turkey. Thus, it is empirically investigated whether the effects of Schumpeter and Refugee are valid or not. In the study, the Autoregressive Distributed Lag – ARDL method was adopted and Turkey’s 2000-2016 period data were used. The results of estimation show that there is an inverse relationship between entrepreneurship and unemployment. Accordingly, when the rate of entrepreneurship increases, unemployment decreases or vice versa. Causality is from entrepreneurship to unemployment. In other words, the while the Schumpeter effect is valid, it is concluded that the refugee effect is invalid.
Journal: Fiscaoeconomia
- Issue Year: 2/2018
- Issue No: 2
- Page Range: 1-14
- Page Count: 14
- Language: English
